====== StockCharts Theoretical Indices ======
===== Definition =====
StockCharts publishes a series of "theoretical" indices that show an idealized pattern or trading sequence. For example, $THEW charts an ideal Elliott Wave sequence with three waves up and two down. $THHS charts a classic head-and-shoulders pattern on the chart. These indices can be used to understand how indicators react under these theoretical conditions.
===== Details =====
Symbol Group: Theoretical Indices
Publisher: StockCharts
Update Frequency: End of Day (EOD)
Current Symbols: Catalog link
===== Chart Example =====
{{:index_symbols:theoretical_indices:sym-theo-thewd.png|Theoretical Index}}
{{:index_symbols:theoretical_indices:sym-theo-thhsd.png|Theoretical Index}}
===== Symbol List =====
StockCharts.com users can access [[https://stockcharts.com/search/?q=%22Theoretical%20Indices%22§ion=symbols|an up-to-date list of symbols]] for all our Theoretical Indices. From this list, click the "Mentions" icon to the right of a specific symbol for more details about the symbol, as well as recent mentions in Public ChartLists, blog articles, and more.
===== Additional Resources =====
==== Blog Articles ====
* [[https://stockcharts.com/articles/chipanderson/2010/11/use-thsaw-and-thsine-to-put-any-technical-indicator-under-a-microscope.html?st=theory+indices|Chip Anderson: Use $THSAW and $THSINE to Put Any Technical Indicator Under a Microscope ]]